Airbnb (NASDAQ:ABNB) Stock: Insider Nathan Blecharczyk Sells 100,889 Shares

Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 100,889 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $190.83, for a total transaction of $19,252,647.87. Following the transaction, the insider owned 20,567 shares in the company, valued at $3,924,800.61. This represents a 83.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Nathan Blecharczyk also recently made the following trade(s):

  • On Monday, November 9th, Nathan Blecharczyk sold 13,625 shares of Airbnb stock. The shares were sold at an average price of $194.37, for a total transaction of $2,648,291.25.
  • On Monday, October 26th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $170.81, for a total transaction of $2,325,578.15.
  • On Monday, October 12th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $165.18, for a total value of $2,248,925.70.
  • On Monday, September 28th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $156.82, for a total value of $2,135,104.30.
  • On Monday, September 14th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $172.36, for a total value of $2,346,681.40.
  • On Monday, August 31st, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $187.27, for a total value of $2,549,681.05.
  • On Friday, August 28th, Nathan Blecharczyk sold 57,160 shares of Airbnb stock. The shares were sold at an average price of $190.71, for a total value of $10,900,983.60.
  • On Wednesday, August 26th, Nathan Blecharczyk sold 19,659 shares of Airbnb stock. The shares were sold at an average price of $190.73, for a total value of $3,749,561.07.
  • On Tuesday, August 25th, Nathan Blecharczyk sold 202,652 shares of Airbnb stock. The stock was sold at an average price of $190.28, for a total value of $38,560,622.56.
  • On Monday, August 24th, Nathan Blecharczyk sold 150,640 shares of Airbnb stock. The stock was sold at an average price of $190.94, for a total value of $28,763,201.60.

Airbnb Stock Down 3.1%

ABNB stock opened at $181.13 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $108.46 billion, a PE ratio of 33.86, a PEG ratio of 1.98 and a beta of 1.26. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $197.87. The business’s 50 day simple moving average is $169.13 and its 200 day simple moving average is $148.51.

Airbnb (NASDAQ:ABNB – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. Airbnb had a return on equity of 38.94% and a net margin of 23.02%. The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.75 billion. During the same quarter in the prior year, the business earned $2.21 EPS. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis. As a group, research analysts anticipate that Airbnb, Inc. will post 5.49 EPS for the current year.

Trending Headlines about Airbnb

Here are a few of the latest headlines about ABNB:

  • Neutral Sentiment: Airbnb and other platforms report negligible bookings through outside AI agents so far. That suggests limited immediate disruption, though third-party AI booking is not yet a meaningful growth channel. Limited use of AI agents
  • Negative Sentiment: Reports that OpenAI acquired travel-planning platform Odessia raised concerns that AI firms could compete with online travel platforms in planning and bookings, pressuring Airbnb and sector peers. Travel stocks fall on OpenAI acquisition report
  • Negative Sentiment: Co-founder Nathan Blecharczyk disclosed substantial recent share sales, including roughly $2.6 million in the latest reported transaction. Insider sales can weigh on sentiment, although they do not necessarily indicate a change in the company’s outlook. Insider stock sale

Analysts Set New Price Targets

A number of analysts have recently issued reports on ABNB shares. Truist Financial raised their target price on shares of Airbnb from $134.00 to $161.00 and gave the stock a “hold” rating in a research note on Thursday, September 10th. Susquehanna upped their price target on shares of Airbnb from $200.00 to $220.00 and gave the company a “positive” rating in a research note on Friday, November 6th. Robert W. Baird increased their price target on shares of Airbnb from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, September 8th. Gordon Haskett raised their price objective on shares of Airbnb from $146.00 to $180.00 and gave the stock a “hold” rating in a research report on Thursday, September 10th. Finally, FBN Securities began coverage on Airbnb in a report on Friday, October 2nd. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $195.46.

View Our Latest Research Report on ABNB

Institutional Investors Weigh In On Airbnb

A number of hedge funds and other institutional investors have recently modified their holdings of ABNB. Wellington Management Group LLP grew its stake in shares of Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock valued at $827,929,000 after acquiring an additional 2,581,539 shares in the last quarter. Amundi increased its position in Airbnb by 8.6% during the first quarter. Amundi now owns 4,686,765 shares of the company’s stock worth $591,845,000 after acquiring an additional 370,426 shares during the period. Assenagon Asset Management S.A. raised its stake in Airbnb by 114.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock worth $546,454,000 after purchasing an additional 1,816,522 shares in the last quarter. Jennison Associates LLC raised its stake in Airbnb by 9,331.0% in the 1st quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after purchasing an additional 3,139,315 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Airbnb by 61.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock worth $353,635,000 after purchasing an additional 835,208 shares in the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Company Profile

(Get Free Report)

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world. Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

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Insider Buying and Selling by Quarter for Airbnb (NASDAQ:ABNB)

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